February 2020

What year did you join Blackman & Sloop? 2018 Where did you go to college? Undergrad – Appalachian State Graduate School – East Carolina University Why did you choose Blackman & Sloop? I chose Blackman & Sloop because of their fun and family-like atmosphere. I felt like B&S offered me...

It is a new year and as we head into the thick of tax season our team is hard at work. Here are few of the things we have been up to since our last newsletter. Promotions and New Hires:  We welcomed two new members to...

If you are receiving Social Security, then you have just recently received your annual letter from the Social Security Administration letting you know that your Social Security benefits for 2020 have increased by 1.6 percent as a result of a rise in the cost of...

When was the last time you or your attorney reviewed or updated your will or trust? If it was before the passage of the 2017 tax reform legislation, or the Tax Cuts and Jobs Act (TCJA), your documents may be out of date. Among the...

Believe it or not, it’s 2020. You’re not just starting a new year—you’re entering a new decade. With this in mind, you might want to make some resolutions that focus on your finances. According to  Psychology Today, 80 percent of resolutions fail by February. If...

It may be hard to believe, but we are already two months into the new year. Many of us might reflect on the past year and tally up the good and the bad, the pros and the cons of 2019. In a society that focuses...

When it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many considerations that exist for accountants and business owners. Defining Furniture, Fixtures and Equipment FF&E refers to expenses for business items that are not affixed to the building where that business operates. Real...